Alibaba Cloud joins FinTech

During the recent virtual general membership meeting of the Fintech, Alibaba Cloud was inducted as its newest member. Alibaba Cloud is the data intelligence backbone of Alibaba Group with more than 3 million customers worldwide. 

Alibaba Cloud, founded in 2009, is a global leader in cloud computing and artificial intelligence, providing services to thousands of enterprises, developers, and governments organizations in more than 200 countries and regions. Committed to the success of its customers, Alibaba Cloud provides reliable and secure cloud computing and data processing capabilities as a part of its online solutions. In January 2017, Alibaba Cloud became the official cloud services partner of the Olympics. 

“We welcome Alibaba Cloud to the roster of digital players shaping a dynamic and sustainable fintech landscape in the Philippines. Their membership came an opportune time as we enjoin all stakeholders to do its share in helping cushion the impact of the pandemic while preparing for the new world order co-existing with COVID-19,” said Lito Villanueva, chairman of the FinTech, and Executive Vice President and Chief Innovations and Inclusion Officer of RCBC. 

Allen Guo, Country Head of the Philippines, Alibaba Cloud Intelligence, said in a statement, “We’re very happy and honored to join the FinTech Alliance. Alibaba Cloud is a leader in fintech, empowering companies and organizations of all sizes among the finance and fintech sector with its technology. As a FinTech Alliance member, we look forward to contributing to the growth of the fintech industry in the Philippines with Alibaba Cloud’s leading technology and Alibaba Group’s proven best practices and business insights.” 

The Fintech Alliance is a coalition of movers and shakers in the digital space serving as a catalyst for inclusive and sustainable development through responsible fintech innovation that empowers Filipinos. 

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